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HQ office : Copenhagen, Denmark
ADDRESS : Fredericiagade 27,
1310 Copenhagen K
WEBSITE : http://www.ifu.dk

IFUDenmark

The Investment Fund for Developing Countries

IFU – the Danish Development Finance Institution – was founded in 1967 and joined EDFI in 1992. IFU is a self-governing fund established by the Danish government. The Minister of Foreign Affairs appoints the board of IFU and the CEO. IFU’s objective is to promote economic activity in developing countries in collaboration with Danish trade and industry. Danish investor, a Danish interest in project or a DFI investor is required for IFU’s participation. IFU also has offices in: China, India, Kenya, Nigeria, South Africa, Ghana, Colombia, Ukraine, and Singapore.

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Region

Sector

Key Figures

Key numbers (end of 2020)

Investments

€211 million

in new annual commitments to 18 projects

€1039million

in total portfolio of 194 projects

€182.5 million

in investment funds

Other Fund Management

IFU also manages funds that have raised capital from institutional investors, alongside IFU capital and support from the Danish government. The Danish Climate Investment Fund and the Danish Agribusiness Fund have both raised more than half their capital from Danish pension funds in their first closing.

Financial instruments

74%

equity and quasi equity

25%

loans

1%

guarantees

technical assistance

€1.1 million

approved in 18 projects

73%

own funding

27%

government funding

Investment focus

IFU – the Investment Fund for Developing Countries is a Danish impact investor contributing to green, just and inclusive societies as well as supporting the Sustainable Development Goals. IFU provides risk capital to companies operating in developing countries across Africa, Asia, Latin America and parts of Europe. Investments are made on commercial terms in the form of equity, loans and guarantees. IFU has co-invested in over 1,300 companies in more than 100 developing countries and emerging markets. IFU is fund manager for several public private investment funds including the Danish SDG Investment Fund. Contracted investments total EUR 31 billion, of which IFU has contributed EUR 3.4 billion. Capital under management is EUR 1.7 billion.

Staff

92

employees